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Me and My Old 'Gray Lady' Agree!!!!
Blasted Fools.com ^ | May 3, 2013 | Richard Cameron

Posted on 05/04/2013 4:12:07 PM PDT by Noremac

Another month and more foolishness in response to the bogus May jobs report. More complete falsehoods – let's call them lies, from the Obama Administration, being swallowed happily by the mainstream media and the cattle herd on Wall Street.

It's human nature to want to run with the crowd even if you are not sure where they're all running to.  In the case of institutional investors - their 'Riverboat Gambler' instincts are taking over their rational minds.  Some of them are going to get caught with their tails in a crack, because this bubble in securities is just that.  And we know what happens to bubbles.  Wall Street has become Las Vegas.

What has changed, and this is pretty mind blowing - is that a couple of notably reliable members of the Obama Industrial Media Complex are breaking away and going rogue on the establishment nonsense that's been widely perpetrated.

The New York Times and National Public Radio, are putting forth a contrariwise narrative to the irrational giddiness. While the remaining majority of corporate media are telling you that you are spiteful and foolish to continue in your skeptic posture towards the 'rebounding economy and jobs', the New York Times and NPR are saying that your skepticism is well grounded in reality.

"...the United States economy is not getting any closer to recreating the jobs lost during the recession.”

  The NY Times has been contradicting the Obama Administration’s version of facts on any number of events and issues lately, not the least of which are the various and sundry disclosures of the authorities involved in the Boston Marathon terror bombing investigation. 

See more of the factual outline, charts that the Labor Department demurs to publicize and NYT's amazing embrace of the role of 'infidel' here:

http://blastedfools.wordpress.com/2013/05/03/me-and-my-old-gray-lady/

(Excerpt) Read more at blastedfools.wordpress.com ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: bullmarket; jobsreport; newyorktimes; unemploymentnumbers

1 posted on 05/04/2013 4:12:07 PM PDT by Noremac
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To: Noremac

Bring back US jobs.

Republicans want to be part of this.

Seriously. At some point either America is going to bring our jobs home to America. Or America will fail and dissolve.

I think if America fails and dissolves, we won’t care what happens anyway, so I am ever more firmly in the “bring our jobs home to America” camp.

Bring back US jobs.


2 posted on 05/04/2013 4:16:03 PM PDT by Cringing Negativism Network
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To: Noremac
Yabut, what does Krugman think/believe?

That's all that matters.

3 posted on 05/04/2013 4:19:17 PM PDT by Paladin2
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To: Cringing Negativism Network

They will “come back” when workers here either learn to work for less or learn to pay more.

Otherwise people here can learn to create new industries and stop sitting around thinking that the world owes them a job.

Those jobs aren’t “ours”. They arent a thing to be moved between two places. They exist for the moment as they are necessary and not one moment more.


4 posted on 05/04/2013 5:05:33 PM PDT by VanDeKoik
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To: Noremac

BTTT


5 posted on 05/04/2013 5:28:27 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Cringing Negativism Network
US jobs will come back when unions get dissolved. Even the most pro-USA manufacturer is going to choose to not pay $40/hr. for some union guy, when you can get 2 non-union people at $20/hr.

And you don't have to worry about strikes and violence all the time.

You just get the product made without the headaches.

6 posted on 05/04/2013 6:16:41 PM PDT by boop ("You don't look so bad, here's another")
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